I was waiting to see what occurs today, but I missed to enter, my short target was 1.4387, but I have more shorts from 1.4180 to 1.4280 in other platforms.
Today price will close around 1.4130/45. :
I am wondering if we can see what happened in 12/2004.
Will 2008 be similar to 2005? if yes we can see a drop to 1.23 to the end of next year.
Some are seeing a bearish dollar trend until 2010, but 2008 could be only a big correction to then Euro start rise again to 1.60 or even more.
My bet it is to see a Bull Dollar until we see RSI 50.00 Points in Monthly Chart.
I am European, so now it is good opportunity to open some USD accounts here.
Do I have more traders with me, with this "Vision"?
THIS IS HOW I SEE THE NEXT 12 MONTHS
Bye guys and "PIPS BE WITH YOU"
mike
Today price will close around 1.4130/45. :
I am wondering if we can see what happened in 12/2004.
Will 2008 be similar to 2005? if yes we can see a drop to 1.23 to the end of next year.
Some are seeing a bearish dollar trend until 2010, but 2008 could be only a big correction to then Euro start rise again to 1.60 or even more.
My bet it is to see a Bull Dollar until we see RSI 50.00 Points in Monthly Chart.
I am European, so now it is good opportunity to open some USD accounts here.
Do I have more traders with me, with this "Vision"?
THIS IS HOW I SEE THE NEXT 12 MONTHS
Bye guys and "PIPS BE WITH YOU"
mike